This is yet another myth that is often propagated by outdated medical dogma. In fact, most recent studies have concluded that saturated fat intake likely has no relation to heart disease! Here are some peer reviewed medical journals to reference:
Kuipers RS, de Graaf DJ, Luxwolda MF. (2011.) Saturated fat, carbohydrates and cardiovascular disease. Netherland Journal of Medicine, 9;11.
Kazumasa Yamagishi, Hiroyasu Iso, Hiroshi Yatsuya. (2010.) Dietary intake of saturated fatty acids and mortality from cardiovascular disease in Japanese: the Japan Collaborative Cohort Study for Evaluation of Cancer Risk Study. The American Journal of Clinical Nutrition, 8; 10.
Patty W Siri-Tarino, Qi Sun, Frank B Hu. (2010.) Meta-analysis of prospective cohort studies evaluating the association of saturated fat with cardiovascular disease. The American Journal of Clinical Nutrition, 1;10.